International Economic
Berenberg cuts target for IAG on expected hit to fuel prices and capacity from conflict
Analysts at Berenberg cut their target price for shares of IAG due to the expected impact of higher fuel prices in the wake of the invasion of Ukraine.
US producer prices edge past forecasts in February, amid surge in energy costs
Wholesale price pressures in the US edged past forecasts last month amid a spike in energy prices.
Empire State manufacturing index falls to lowest since May 2020
Manufacturing activity in the New York region declined in March for the first time since early in the Covid-19 pandemic, according to a survey released on Tuesday .
Fund managers sitting on biggest cash pile since April 2020, when Covid-19 hit, BoA survey shows
Fund managers around the world boosted their cash on hand in March to 5. 9%, the highest level since the start of the pandemic, in response to Russia's invasion of Ukraine, the results of a closely-followed survey revealed.
Eurozone industrial output flat in subdued start to 2022
Growth in industrial production was flat in the Eurozone in January, official data released on Tuesday showed.
West tightens sanctions against Russia
The US, UK and European Union have tightened sanctions on Russia, including a ban on the export of luxury goods and increased import tariffs.
German investor sentiment suffers record drop in March - ZEW
German investor sentiment suffered its biggest ever drop in March as the Russia-Ukraine conflict and sanctions on Russia weighed, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
China's economic growth beats forecasts
China’s economy got off to a surprisingly buoyant start in 2022, official data showed on Tuesday, easily beating all expectations.